US job openings slip in July, adding to evidence that the American labor market is cooling

U.S. Job Openings Hit 10-Month Low Amid Economic Shifts

U.S. Job Openings Hit 10-Month Low Amid Economic Shifts U.S. job openings tumbled to their lowest in 10 months this July, marking a pivotal shift in the labor market landscape as more individuals find themselves unemployed than there are available job positions, the first occurrence since the onset of the COVID-19 pandemic.Despite this downturn, layoffs have not surged, suggesting a complicated yet resilient labor framework. The Federal Reserve …

US Job Openings Slip in July, Adding to Evidence That the American Labor Market is Cooling

U.S. employers posted 7.2 million job vacancies in July as the American labor market continues to cool. The Labor Department reported Wednesday that job openings fell from 7.4 million in June and came in modestly below what economists had forecast. Health care and social assistance companies cut openings by 181,000 and retailers by 110,000. The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs rose slightly. The number of Americ…

Unemployed workers outnumber available jobs for first time since 2021

(The Hill) - The number of job openings decreased by more in July than economists were expecting as the labor market recalibrates in response to President Trump’s trade war and immigration crackdown. Open jobs in the monthly JOLTS survey fell to a rounded 7.2 million, down from 7.4 million in June, the Labor Department reported Wednesday. Economic forecasts for the report ranged from 7.3 to 7.5 million. The drop marks the first time unemployed A…

US Bureau of Labor Statistics data shows fewer open jobs than job seekers

The number of job openings fell to an estimated 7.18 million at the end of July, according to Bureau of Labor Statistics data released Wednesday.

Job opening data falls to levels rarely seen since pandemic

The Job Openings and Labor Turnover report showed less than 7.2 million listings in July.

U.S. job openings slipped to 7.2M in July, more evidence labor market is cooling

The Labor Department reported Wednesday that job openings were down from 7.4 million in June and came in modestly below what economists had forecast.